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LXi REIT PLC (LXI)

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idpickering
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Re: LXi REIT PLC (LXI)

#501446

Postby idpickering » May 19th, 2022, 7:34 am

Dividend Declaration.

The Board of LXi REIT plc (ticker: LXI), th e specialist inflation-protected very long income REIT, is pleased to declare an interim quarterly dividend in respect of the quarter ended 31 March 2022 of 1.5 pence per ordinary share, payable on 24 June 2022 to shareholders on the register at 27 May 2022. The ex-dividend date will be 26 May 2022. This delivers on the Company's annual dividend target of 6.0 pence per ordinary share for the year to 31 March 2022.

The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax exempt property rental business.

The Company continues to target an annual dividend of 6.3 pence per ordinary share for the year which commenced on 1 April 2022*. This represents a 5% increase over the 6.0 pence per ordinary share dividend for the year ended 31 March 2022.


https://www.investegate.co.uk/lxi-reit- ... 00120136M/

idpickering
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Re: LXi REIT PLC (LXI)

#504256

Postby idpickering » June 1st, 2022, 4:25 pm

Publication of a Circular and Prospectus.

Further to the announcement on 11 May 2022, regarding the proposed recommended share offer with a partial cash alternative for Secure Income REIT plc ("SIR") by LXi (the "Rule 2.7 Announcement"), LXi is pleased to announce that it has published the combined circular and prospectus (the "Combined Circular and Prospectus") today. The Combined Circular and Prospectus will be available, subject to certain access restrictions, on the Company's website (https://www.lxireit.com/proposed-offer- ... disclaimer), at the Company's registered office at 6th Floor, 125 London Wall, London, EC2Y 5AS, and at the National Storage Mechanism via https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

The Combined Circular and Prospectus and the Notice of General Meeting to be held at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH at 10.00 a.m. on 22 June 2022 is expected to be posted to LXi Shareholders shortly.

LXi also notes that a copy of the Combined Circular and Prospectus and the Scheme Document is expected to be made available to SIR Scheme Shareholders. The Scheme Document contains, amongst other things, notices convening the SIR Court Meeting and the SIR General Meeting.


https://www.investegate.co.uk/lxi-reit- ... 13505870N/

Ian.

idpickering
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Re: LXi REIT PLC (LXI)

#507930

Postby idpickering » June 17th, 2022, 4:11 pm

Further to the above;

Publication of Supplementary Prospectus.

Further to the publication of the combined circular and prospectus on 1 June 2022 (the "Combined Circular and Prospectus") relating to the proposed merger of the Company with Secure Income REIT plc (the "Merger"), the Company announces the publication today of a supplementary prospectus (the "Supplementary Prospectus"). The publication of the Supplementary Prospectus follows the release of the Company's annual results for the year ended 31 March 2022.

The Supplementary Prospectus is supplemental to, and should be read in conjunction with, the Combined Circular and Prospectus.

Copies of the Combined Circular and Prospectus and Scheme Document are, and a copy of the Supplementary Prospectus will shortly be, subject to certain access restrictions, available on the Company's website ( http://www.LXiREIT.com/proposed-offer-f ... isclaimer/ ) and on SIR's website at http://www.SecureIncomeREIT.co.uk/inves ... -reit-plc/ and at the Company's registered office at 6th Floor, 125 London Wall, London, EC2Y 5AS until Admission. Copies of the Combined Circular and Prospectus and the Supplementary Prospectus have also been submitted to the National Storage Mechanism of the FCA at https://data.fca.org.uk/#/nsm/nationalstoragemechanism . Neither the contents of these websites nor the content of any other website accessible from hyperlinks on such websites is incorporated into, or forms part of, this announcement.

The expected date of completion of the Merger remains 6 July 2022, as set out in the expected timetable of principal events in the Combined Circular and Prospectus. In the event of any change to the dates and/or times of the expected timetable for the Merger, the revised dates and/or times will be notified to Shareholders by announcement through a Regulatory Information Service.


https://www.investegate.co.uk/lxi-reit- ... 24482831P/

Ian.

idpickering
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Re: LXi REIT PLC (LXI)

#508880

Postby idpickering » June 22nd, 2022, 4:42 pm

Furtherv to the above;

MERGER VOTE AT THE GENERAL MEETING PASSED WITH OVER 99.9% SUPPORT.

Further to the publication of the combined circular and prospectus on 1 June 2022 (the "Combined Circular and Prospectus") relating to the proposed merger of the Company with Secure Income REIT plc ("SIR") (the "Merger"), the Board is pleased to announce that the ordinary resolution put forward at its General Meeting held earlier today was passed.

The text of the resolution can be found in the Notice of Meeting contained in the Combined Circular and Prospectus, which can be found on the Company's website ( http://www.LXiREIT.com/proposed-offer-f ... isclaimer/ ).

Commenting on the results, Cyrus Ardalan, Chairman of LXi said:

"We are delighted to receive such a high level of support for our Merger proposal from shareholders.

The combination of these two strongly performing and complementary businesses provides us with a tremendous opportunity to deliver and create enhanced value, resilience and significant attractive growth opportunities for all our shareholders. We greatly appreciate the support of shareholders in giving us such an overwhelming vote of confidence in our collective vision for the future."

At the time of the above meeting, the Company's issued share capital consisted of 911,569,741 Ordinary Shares. The Company held no shares in treasury. Therefore, the total number of Ordinary Shares with voting rights was 911,569,741. Each Ordinary Share held entitles the holder to one vote and there are no restrictions on those voting rights. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" a resolution.

The Merger is also subject to approval by the SIR Shareholders at the SIR Court Meeting and the SIR General Meeting, the results of which are expected to be announced by SIR shortly, and the satisfaction of certain other conditions as described in the Scheme Document.


https://www.investegate.co.uk/lxi-reit- ... 43218161P/

Ian.


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